On 23 September 2009, the Central Bank of the Republic of San Marino signed a memorandum of understanding with the Croatian National Bank on the issue of banking supervision.
The memorandum - the first agreement signed by the CBSM with an equivalent foreign authority on the issue of banking supervision - defines the relationships between the two authorities as regards to cooperation and exchange of information related to the supervision of banks, according to the international principles set by the Basel Committee.
The formalisation of the agreements between the CBSM and the Croatian National Bank promotes the cooperation in the field of banking supervision in light of the existing interests and relationships between the banking systems of the two countries.
Further information on the Croatian Central Bank and on the structure of the financial market in Croatia is available here.